Lease Intangibles

3 Months Ended

Mar. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Lease Intangibles

Lease Intangibles

Our identifiable intangible assets as of March 31, 2014 and December 31, 2013 are summarized as follows (amounts in thousands):

	March 31, 2014			December 31, 2013
Acquired in-place leases	$	1,249		$	1,823
Less: accumulated amortization	(720		)	(1,039		)
Intangible lease assets, net	$	529		$	784

The impact of the amortization of acquired in-place leases on our depreciation and amortization expense is approximately $0.5 million and $1.0 million for the three months ended March 31, 2014 and 2013, respectively.